A company has Rs.500,000 of debt outstanding with a coupon rate of 10%. The yield to maturity on these bonds is 15%. If the rate of tax is 40%, what is the company’s after-tax cost of debt?
In case of a redeemable long term debt, the cost of debt is the investor’s yield to maturity adjusted by the firm’s tax rate. The question of yield to maturity arises only when the loan is taken either at discount or at premium. As such, the YTM is considered as cost of debt here and not the coupon rate. Therefore, the after-tax cost is: 15% * (1- 40%) = 0.09 ~ 9%
…………………… has been used as a synonym of heterosis. It is generally agreed that ……………….. describes only the superiority of hyb...
When one single gene starts affecting multiple traits of living organisms, this phenomenon is known as…………………..
...Correct name of father of genetics is
Pleiotropy is a phenomenon in which ____
Jaya, a high yielding variety developed in India which outyield both its parent was a cross between
Mendel chose ………….. pairs of contrasting characters for his study. In all the above crosses he obtained a definite phenotypic ratio of ………...
Which of the following characters is not typical to class Mammalia?
Which technology is used to amplify the DNA molecule?
Crossing over takes place in which stage of cell cycle?
Which among the following factors is/are not essential for commercial exploitation of heterosis?